Compliance requirements, fee pressure, and a growing number of intermediaries offering wealth services are just some of the challenges facing private banks today. Clients demand a wide variety of products, in particular lower cost products such as ETFs. Compliance requirements further complicate the servicing banks can offer.
- Contains pre-constructed model portfolios to be used as a starting point for customizing an investment portfolio for the client
- Notifies accountholders regarding portfolio advice and rebalancing notifications
- Allows Private Bankers to generate revenue from semi-advised and self-investment options that justify custody of lower account values
- Will be fully integrated to any existing platform infrastructure of the bank